Taking everything into account, SOYB scores 0 out of 10 in our technical rating. SOYB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, SOYB is a bad performer in the overall market: 65% of all stocks are doing better.
- SOYB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SOYB is lagging the market.
- In the last month SOYB has a been trading in a tight range between 21.69 and 22.48.
- Considerably lower volume is observed in the last couple of days.
SOYB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 21.80, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SOYB in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
20.52
3 important support areas can be observed.
- A support zone ranging from 21.58 to 21.80. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 21.07 to 21.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.73 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 21.97 to 22.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 23.20 to 23.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for SOYB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SOYB is down. |
| ChartMill Relative Strength | 35.72 | NEUTRAL | SOYB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SOYB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SOYB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SOYB is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.83 | NEUTRAL | The RSI value for SOYB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SOYB has a positive trend. |
| Stochastics (14,3) | 37.4 | NEUTRAL | The Stochastics value for SOYB is a neutral value. |
| Average True Range in percent/ATR (20) | 0.96 | LOW VOLATILITY | The low ATR as a percentage value for SOYB suggests low volalility. |
| Average Directional Index/ADX (14) | 27.28 | POSITIVE | The high ADX value value for SOYB suggests a strong trend. |
21.93
-0.05 (-0.23%)
TEUCRIUM SOYBEAN FUND / SOYB FAQ
What is the ChartMill technical rating of TEUCRIUM SOYBEAN FUND (SOYB) stock?
ChartMill assigns a technical rating of 0 / 10 to SOYB.
Can you provide the trend direction for TEUCRIUM SOYBEAN FUND?
The current trend direction for TEUCRIUM SOYBEAN FUND (SOYB) is Bearish.
What is the RSI signal for TEUCRIUM SOYBEAN FUND (SOYB) stock?
TEUCRIUM SOYBEAN FUND (SOYB) has an RSI value of 41.8309. This indicates that the stock is currently neutral.
Can you provide the short term momentum for TEUCRIUM SOYBEAN FUND?
The short term momentum for TEUCRIUM SOYBEAN FUND (SOYB) is negative.
What is the buy/sell signal for TEUCRIUM SOYBEAN FUND (SOYB) stock?
The buy/sell signal for TEUCRIUM SOYBEAN FUND (SOYB) is sell as both the short term and long term trends are negative.